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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Investment properties
208 Frst Rd Bessemer, AL 35023-1614
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US03-0678774
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2005
Total area
9,430 SF
Lot
1.02 ac (44,518 SF)
Zoning code
B3
APN
30-00-29-2-006-004.000
UPID
US03-0678774
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dollar General Discount Store
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
$540k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$545k
Owner & transaction history
Bmg Yield Fund 2020 LLC · 5 yrs held
Bmg Yield Fund 2020 LLC
since 2021
Last sale
$566,239
7 recorded transactions
Zoning & alternative use
B3 · Bessemer, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$905,000
+58.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bessemer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bessemer submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$520,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
$585,000
6.5%
$540,000
7%
$500,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$570,000
Current use
RETAIL STORES
$905,000
Change: +59% · Conversion: Easy
Blend value · Realmo final
$545k
Range $491k – $600k · ±10% · vs last sale $566k (May 10 2021)
Last sale anchor
$566k
May 10 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$58 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$7,741
Tax year 2022
Assessed value
$149,540
Assessed 2023
Previous assessed
$133,200
+12.3% YoY
Effective rate
5.18%
On assessed value
Assessed land
$71,220
Assessed improvement
$78,320
Land market value
$356,100
Improvement market value
$391,600
Total market value
$747,700
Applied tax rate
64.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
5
Bathrooms
1
Total area
9,430 SF
Lot
1.02 ac (44,518 SF)
Zoning code
B3
APN
30-00-29-2-006-004.000
UPID
US03-0678774
Jurisdiction
JEFFERSON
Zoning & alternative use
B3 · Bessemer, AL
Zoning B3 · permitted uses
B3 · Bessemer, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bessemer. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$570,000
RETAIL STORES
Est. value
$905,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
1
Lot
1.02 ac
Current owner
From public records · entity-resolved
Bmg Yield Fund 2020 LLC
Entity
Mailing address
530 E MAIN ST STE #1000, RICHMOND, VA 23219-2415
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2026
—
Bmg Yield Fund 2020 LLC
—
Deed
related
$570,000 · Wellsfargobankna
May 10, 2021
$566,239
Bmg Yield Fund 2020 LLC
Max J Finklestein
Special Warranty Deed
$6,000,000 · Valley National Bank
Jul 30, 2018
$545,000
Max J Finklestein
Southern B & T LLC
Warranty Deed
—
Aug 29, 2005
$592,000
Kinnabrook LLC
Ware Properties LLC
Warranty Deed
$473,600 · Regions Bk/norcross Ga
Apr 22, 2004
$120,000
Ware Properties LLC
Ajs Associates
Warranty Deed
$460,000 · Bancorpsouth
Apr 21, 2004
$120,000
Ware Properties LLC
Ajs Associates
Grant Deed
—
Jun 1, 1988
$90,000
Ajs Associates
—
Deed Of Trust
related
—
—
—
Kinnabrook LLC
—
Deed Of Trust
related
$474,679 · First Ga Bkng
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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